Post
Topic
Re: [ANN][ICO] «Envion» Most Profitable Self-Expanding Crypto Infrastructure
by
KaiBosh
on 15/11/2017, 22:29:04 UTC
Good evening envion,

Firstly, congratulations for your hard work and accomplishments so far; this is certainly an interesting idea with potentially great returns for investors, and also very positive environmental benefits.

Congratulations also for your patience when dealing with the less polite/sane questions on this forum.

I have read your white paper but have some more questions I hope you can address.

1) Can you confirm you have only created and tested a single MMU so far, and this contains far fewer processors than your intended final product? Does this mean that your next few MMUs will basically still be prototypes? What design challenges and required alterations do you envisage when tested at full capacity, which will obviously require far greater cooling? Can you say how long testing will take before you are happy to deploy full MMUs in the field?

2) Will your published team members be working solely on this project full time, or will they work on other projects at the same time? Do they have ownership of or executive positions within companies that will be working with envion? Can you please tell me how much of the company is owned by the published team, and how many other people are involved and how much of the company they own? Are there other founders whose identities are not being published? If so, why is this?

3) I am having trouble finding references or reputable financial commentators giving opinions on your project. I realise this may be because it is a newly formed (or newly-revealed) company. Do you happen to have links to reviews or opinion pieces from independent sources? Any particular write-ups you are pleased with, or reviews you are not happy about?

4) There is little detail available regarding the financial structure of deployed MMUs. Am I right in saying you will be leasing the MMUs to third party companies, who will be paying your company 35% of the MMU's profits? Can you explain why you would give away 65% of the spoils of your units rather than own them 100%? Would the lease income be included in the profits calculated for token holders?

5) When will the first monthly dividends be paid out?

6) The dividends paid to token holders: how will this be calculated? A hypothetical example: on month 1, ETH is worth US$300 and envion pays me 1 ETH for my token holding. In month 2, ETH is worth $150. Will my dividend be 1 ETH or 2 ETH?

I have more questions but will leave it there for now.

Thanks in advance for your help.

Kind regards,

KaiBosh